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MFI 30+ Delinquency To Cross Demonetization Peak: CRISIL
A hit to collection efficiency of microfinance institutions (NBFC-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, CRISIL has stated. Loans in arrears for over 30 days - or the 30+ portfolio at risk (PAR) - could ...

What is Microcredit?
Microcredit is a financial service within the broader segment of microfinance that offers credit, fund transfers, insurance and savings. The service provides small loans to sections of the society that lack access to banking and other allied services. The main ...
Banks to restructure debt of MFIs worth Rs 6,400 crore
In the latest development on the debt restructuring of micro finance institutions (MFIs) in Andhra Pradesh, the MFIs will pledge their entire shareholding as collateral to banks that had given them loans. This will get things moving once again as ...
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